Are you planning to trade with QUOTEX broker? Or you have already invested money and want to know that QUOTEX is legit or scam? Read this QUOTEX Review written by Scam Helpers’ experts.
In the fall of 2020, Quotex was established. However, it is stated on the website that the business was founded in 2019. All of the reality serves as the performance space. Any competent adult can become a customer. The primary requirement is to register just one profile per person.
The rules are easy and unambiguous: register in a single move and continue using the online terminal. Nothing needs to be downloaded. Up to 98% of the investment sum is the declared profit. Is the service supplier reliable with payments and honest with the clients? Is Quotex a legitimate broker or a scam? Using the information at hand, let’s attempt to find out in this Quotex review.
Address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines.
Warning: Not recommended by the review website like Scam Helpers
Clients have access to a wide variety of trading marketplaces through QUOTEX, including currency pairs, indices, commodities, metals, energy, and shares. So, on QUOTEX, traders of all levels can discover the products they want to trade. Cryptocurrencies, however, are not yet accessible.
Users can open two types of accounts:
Demo: 10 000 standard units for training on the balance sheet.
Trading: A real account that you must reload with your own money.
The only difference between the terminals is how functionally open they are in each case—some choices will only be available after a deposit has been made. Despite the originally suggested currency combinations of euros, rubles, hryvnias, reais, and bitcoins, the latter one is opened in US dollars. Then, one type of conditional unit is swapped for another in the personal account’s “Profile” section.
Regarding the trading platform, a crucial tool for your dealing, QUOTEX provides a similar platform of its own. However, additional information is not provided, such as the fact that it is a web trader or that it is accessible on a variety of platforms.
Deposit and withdrawal methods and fees
The process for payments and withdrawals at QUOTEX is unclear, and the FAQs only provide a few rudimentary details. For instance, the minimum deposit and withdrawal amounts are both 10 USD.
QUOTEX does not charge additional fees for them, and the withdrawal process depends solely on the number of concurrently processed requests and takes anywhere between one and five days from the date the corresponding request the client is received.
The information about customer support is provided below. Languages include English, Chinese, Arabic, German, Spanish, French, Italian, Dutch, Portuguese, Thai, Turkish, and many others. Address: James Street, Kingstown, St. Vincent and the Grenadines, First Floor, First St. Vincent Bank LTD Building. Also contact by Twitter, Facebook, Instagram, and other social platforms.
- Lack of efficient control
- few details are known
- few ways for deposits and withdrawals
- No MT4 or MT5
- not exchanging copies
Digital options trading is available on Quotex. For a dealer, this translates into a higher probability of making money. Although the broker has provided very less information on their website which makes them suspicious.
Also, read AdvanTrade review to know about similar scams.
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